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UPSC EPFO: Indian Economy Test 3

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Question 1

Deen Dayal SPARSH Yojana was launched to promote

Question 2

Consider the following statements regarding the ‘Nutrient Based Subsidy’ (NBS) Scheme.

1) It is given for phosphatic and potassic fertilizers.

2) It is given for urea.

3) The prices of fertilizers under nutrient based scheme are regulated by the government.

4) Subsidy is based on per kg of nutrients present in the fertilizer.

Options-

Question 3

Liberalization was the main feature of 1991 new economic policy. Liberalization means:

Question 4

Consider the following statements with reference to NITI Aayog.

1). It allocates funds for the economic development projects approved by the government.

2). It acts as the nodal agency for bringing the Sustainable Development Goals (SDGs) into action across India.

3). It publishes Financial Inclusion Index.

Select the correct answer using the codes below.

Question 5

With reference to the allocation function of the Government budget, consider the following statements:

1). Government provides certain goods and services which the market cannot provide.

2). Public goods are non-excludable and are produced only by the Government.

Which of the statements given above is/are correct?

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Feb 3Regulatory Bodies

Posted by:

Saroj SinghSaroj SinghMember since Dec 2019
Community Manager [https://www.quora.com/profile/Saroj-Singh-745]
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